REG - Sivota PLC - Potential Placing to raise c.£250,000

SivotaAnnouncement

05/03/2025 07:00

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RNS Number : 3485Z  Sivota PLC  05 March 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON
THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

5 March 2025

 

Sivota plc

("Sivota" or the "Company")

 

Potential Placing to raise c.£250,000

 

Sivota (LSE:SIV), the London-listed investment vehicle focused on later-stage
technology companies, announces its intention to raise c.£250,000 to support
the Company's general working capital requirements.

 

The Company intends to raise the funds through an issue of new ordinary shares
in a placing targeting both existing and new shareholders (the "Placing"). The
expected price per new ordinary share in the placing is 20 pence per share.

 

However, there can be no certainty that the Placing will be successful, nor
the price at which any Placing can be successfully undertaken.  Further
announcements will be made in due course.

 

The Company remains committed to its existing buy and build growth strategy
and as such is actively exploring potential acquisition opportunities and has
recently made some progress in this regard.

 

However, there are no material developments to report at this stage and the
Company will update investors as and when appropriate.

 

Enquiries:

 

 Sivota PLC                                 via Vigo Consulting

 Tim Weller, Non-Executive Chairman

 Ziv Ben-Barouch, Chief Executive Officer

 Canaccord Genuity Limited                  + 44 (0) 20 7523 8000

 Alex Aylen - Head of Equities

 Vigo Consulting                            + 44 (0)20 7390 0230

 Jeremy Garcia

 

 

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